Link, Incorporation Selected financial data ($ thousands) Income statement and related items Sales Cost of goods sold Net income Cash flow from operations Balance
Link, Incorporation Selected financial data ($ thousands) Income statement and related items Sales Cost of goods sold Net income Cash flow from operations Balance sheet items Cash Marketable securities Accounts receivable Inventory Total current assets Accounts payable Accrued liabilities Total current liabilities 2020 $ 160,835 141,829 (91,432) (35,831) $ 236,307 209,670 12,645 2021 $ 274,219 209,628 (257,981) (12,538) $ 164,952 22,638 21,655 3,971 40,556 462,593 249,801 17,735 13,962 27,184 76,596 44,919 90,558 Please refer to the financial data for Link, Incorporation above. What is Link's days' sales in cash for 2021?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate Links days sales in cash for 2021well use the following formula Days Sales in Cash Cash ...
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Step: 2
Step: 3
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Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
